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According to the most recent data from the Department of Education:
- On average, master's degrees cost between $50,000-$85,000 for a two-year program. Note Reference [1]
- The average total cost of a master's degree is about $35,700 per year. ...
- That includes tuition and fees plus non-tuition expenses, such as books, supplies, room and board, transportation, and personal expenses.
- The median master's degree cost is $28,890 per year, or $57,780 for two years. ...
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